Egyptian auto distributor GB Auto more than quadrupled its second-quarter net profit to E£123.75 million ($13.94 million) from E£22.4 million pounds last year, the company said on Wednesday.
It said its sales climbed b

Egyptian auto distributor GB Auto more than quadrupled its second-quarter net profit to E£123.75 million ($13.94 million) from E£22.4 million pounds last year, the company said on Wednesday.
It said its sales climbed b

Ghabbour Auto's first-quarter net profit fell 70 per cent, the Egyptian auto distributor said in a bourse statement on Wednesday.
The country's distributor of tuk-tuks and motorbikes made by India's Bajaj Auto has been

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

Egypt's largest listed automotive assembler and distributor GB Auto has called for lower tariffs on car imports from the United States and Asia, fearing that free trade agreements signed with Europe, Turkey and Morocco will distort competiti

Egyptian auto distributor GB Auto's fourth-quarter net profit fell 29 per cent year-on-year to EGP32.1 million ($4.21 million), from EGP45.1 million the same period last year, the company said on Sunday.
The company reported t

Egyptian auto distributor GB Auto's fourth-quarter net profit fell 29 per cent year-on-year to EGP32.1 million ($4.21 million), from EGP45.1 million the same period last year, the company said on Sunday.
The company reported t